American Outdoor Brands Stock Piotroski F Score

AOUT Stock  USD 9.79  0.21  2.19%   
This module uses fundamental data of American Outdoor to approximate its Piotroski F score. American Outdoor F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of American Outdoor Brands. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about American Outdoor financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out American Outdoor Altman Z Score, American Outdoor Correlation, American Outdoor Valuation, as well as analyze American Outdoor Alpha and Beta and American Outdoor Hype Analysis.
  
At this time, American Outdoor's Net Debt is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 2.8 M in 2024, whereas Long Term Debt Total is likely to drop slightly above 4 M in 2024. At this time, American Outdoor's Free Cash Flow Per Share is comparatively stable compared to the past year. Inventory Turnover is likely to gain to 1.56 in 2024, despite the fact that ROIC is likely to grow to (0.07).
At this time, it appears that American Outdoor's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

American Outdoor Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to American Outdoor is to make sure American is not a subject of accounting manipulations and runs a healthy internal audit department. So, if American Outdoor's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if American Outdoor's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.60.8358
Way Down
Slightly volatile
Gross Profit Margin0.510.4397
Fairly Up
Very volatile
Total Current Liabilities28.8 M29.4 M
Fairly Down
Slightly volatile
Non Current Liabilities Total27.1 M33.3 M
Significantly Down
Slightly volatile
Total Assets227.5 M240.6 M
Notably Down
Slightly volatile
Total Current Assets158.8 M155.4 M
Fairly Up
Slightly volatile

American Outdoor Brands F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between American Outdoor's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards American Outdoor in a much-optimized way.

About American Outdoor Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

18.73

At this time, American Outdoor's Book Value Per Share is comparatively stable compared to the past year.

American Outdoor ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, American Outdoor's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to American Outdoor's managers, analysts, and investors.
Environmental
Governance
Social

About American Outdoor Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze American Outdoor Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Outdoor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Outdoor Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for American Stock Analysis

When running American Outdoor's price analysis, check to measure American Outdoor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Outdoor is operating at the current time. Most of American Outdoor's value examination focuses on studying past and present price action to predict the probability of American Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Outdoor's price. Additionally, you may evaluate how the addition of American Outdoor to your portfolios can decrease your overall portfolio volatility.